Home breaking news Budget session to continue till Sept 22

Budget session to continue till Sept 22

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Hyderabad: The Budget session of the Telangana Assembly will continue till September 22, according to a decision taken by the Business Advisory Committee (BAC) meeting held on the Assembly premises. 

According to tentative calendar of dates of Assembly business, general discussion on annual financial statement (Budget) will be held on September 14 and 15 after three holidays on account of Moharrum and Ganesh idols immersion. On September 15 and 16, the Chief Minister will reply to the discussion on annual financial statement on Housing, Social Welfare, Tribal Welfare, BC Welfare, Minority Welfare and welfare of women, child and disabled. Later, the House will take up government business and Bills on Municipal Administration and Urban Development, Panchayat Raj, Rural Development, Roads and Buildings, Major and Medium Irrigation and Minor Irrigation and Energy. The government business and Bills will continue from September 17 to 21.             The House will take up Telangana Appropriation Bill on September 22 for its approval.

Speaker Pocharam Srinivas Reddy chaired the BAC meeting attended by Leader of the House K Chandrashekhar Rao and leaders Mallu Bhatti Vikramarka of Congress,  Raja Singh of the BJP, Akberuddin Owaisi of MIM and others.

Budgetary Allocations

 In the budget proposals presented in the Assembly on Monday, Chief Minister K Chandrashekhar Rao allocated Rs 12,000 crore for the farmer’s scheme Rythu Bandhu ; Rs 6,000 crore for crop loan waiver; Rs 2,714 crore for Grama Panchayats; Rs. 1,336 crore per annum for Arogya Sri health scheme; Rs 1,137 crore for farmers’ insurance premium payment; Rs 9,402 crore for Aasara pensions; Growth rate of 11.05% in the IT sector for 2018-19.

The Chief Minister said thousands of water bodies, lakes have been restored because of Mission Kakatiya; Gurukul school students receiving corporate education; Number of police commissionarates increased to nine; Increased the number of police sub-divisions to 163 and the number of police circles to 717; Increased the number of police stations to 814.

The Chief Minister said nationwide recession reduced the States’s revenue. However, he hoped that the situation would improve in the coming days and earnings will increase. He also said payment of dues in all sectors will be made and appropriate allocations would be made in the budget. Expenditures will be made according to government guidelines and subject to restrictions based on the funds available, he added.

The Chief Minister said the State government has spent Rs 20,925 crore towards free electricity to farmers and borne a debt of Rs 9,695 crore because of the Uday Scheme. Dues of Rs 5,772 crore by Singareni Collieries to power companies were borne by the State government. While the government spent Rs 5,37,373 crore on development and welfare in the last five years, the State received only Rs 31,802 crore for implementation of Central government schemes, he explained.

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